Davis Polk advised the representatives of the several underwriters in connection with the SEC-registered offering of 4,057,500 shares of common stock of Calyxt, Inc., including 457,500 shares of common stock sold pursuant to the full exercise of the underwriters’ option to purchase additional shares. The offering resulted in approximately $60.9 million of proceeds to Calyxt, before deducting underwriting discounts and estimated offering expenses. Calyxt’s common stock is listed on the NASDAQ Global Market under the symbol “CLXT.”

Based in New Brighton, Minnesota, Calyxt is a consumer-centric, food and agriculture-focused company. By combining its gene-editing technology and technical expertise with its innovative commercial strategy, Calyxt is pioneering a paradigm shift to deliver healthier specialty food ingredients for consumers and agriculturally advantageous crop traits for farmers. 

The Davis Polk team corporate team included partner Richard D. Truesdell Jr. and associates Christopher M. Bezeg and Mahfouz Basith. The tax team included partner Michael Mollerus. Counsel David R. Bauer and associate Paul S. Lee provided intellectual property and technology advice. All members of the Davis Polk team are based in the New York office.

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